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Village Hall, Mareham-Le-Fen, Boston PE22 7RW

Lot no: 122 Sold at Auction for £38,000
 

Guide Price £35,000+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Thursday 29th September 2022

10.00am
Key Features
  • Former Village Hall
  • Planning consent
  • Site accessed from Main Street
  • EPC Rating: Exempt
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Sold at Auction for £38,000

Land

Property Description:

A Freehold former Village Hall with Outline planning consent for the demolition of the existing structure and the creation of a bungalow.

The site is accessed from Main Street opposite the Junction with Kimes Lane and comprises a single storey building formerly the Village Hall which extends circa 100ft x 25ft.

The village is located approximately 20 miles East of Lincoln and comprises mainly up market residential dwellings set in a quite scenic area. We note there are new build properties being built close by indicating a demand for additional housing.

Interested parties are advised to inspect the legal pack and the East Lindsey District Council Planning portal Reference S/114/01098/22.

Services are believed to be available within the vicinity of the site, however, interested parties should independently satisfy themselves as to the availability and suitability of any services for their Specific requirement.

The site is sold subject to or with the benefit of any Rights of Way, Wayleaves, Easements, Restrictive Covenants, which may exist whether mentioned in these particulars or not. For further information in relation to these matters please refer to the legal pack. We are advised that VAT will not be chargeable on this transaction.

Please note:

The site is open for viewings. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Please note:

Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.

Tenure:

Freehold. Vacant possession upon completion.



Auction Details

The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee (England and Wales).

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions’ Buyers Terms.


Auction Deposit and Fees

The following deposits and non- refundable auctioneer’s fee apply:

• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1074 inc. VAT

The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.


Additional Information

For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack.

Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.